Chainlink LINK
Current Price
$12.54 -1.87%
$0.5100 Daily Range (4.07%)
$12.48$12.99
$331.55M Daily Volume
3,638 BTC
Vol/MktCap: 3.73%
Market Performance
0.84% Relative BTC Volume
The total volume of Chainlink is $331.55M over the past 24 hours, compared to $39.65B total Bitcoin volume.
Hourly Moving Average
8 SMA $12.67 -1.01%
13 SMA $12.74 -1.59%
21 SMA $12.79 -1.96%
55 SMA $13.14 -4.57%
144 SMA $13.56 -7.53%
Price Performance
-0.11% 1 Hour Change
$12.54 from $12.55
-5.31% 7 Day Change
-$0.6664 from $13.21
-9.29% 14 Day Change
-$1.17 from $13.71
-0.25% 30 Day Change
-$0.0313 from $12.57
All Time High
May 10, 2021
$52.70 -76.20%
-$40.16 vs. now
24H Change
-167.59M USD -1.85%
-1,839 BTC
Volume and Supply
Total Supply: 1.00B LINK 
708.10M LINK Available70.81% circulating A lower circulating supply may increase over time, reducing scarcity and potentially causing a drop in price. A higher circulating supply is less susceptible to dilution, offering the potential for a more stable price long-term.
Relative Supply Ratio
50.05 x BTC Supply50:1 supply ratio
RSR reflects potential differences in tokenomics, such as inflation rates, utility, or burn mechanisms, which can impact long-term value and scarcity.
Relative Trade Volume
26.03M LINK
traded over past 24 hours
3.68% of circulating supply
A higher trade volume relative to market cap indicates strong market activity and liquidity, while a lower ratio may suggest reduced interest, lower liquidity, or potential price stagnation.
Conversion Tool
Chainlink AI Market Analysis
Chainlink (LINK) is currently trading at $12.54, reflecting a 24-hour decrease of 1.81%. The price has oscillated between a high of $12.99 and a low of $12.48 in the past day, indicating low volatility with a daily range of just 0.51%.
Trading volume stands at approximately $337.69 million, translating to a volume-to-market cap ratio of 3.80%. This relatively stable volume suggests a consistent interest from traders, although it may not be sufficient to drive significant price momentum in the current market environment.
The short-term moving averages reveal bearish sentiment, with the 8 SMA at $12.86 showing a decline of 2.48%, and the 55 SMA at $13.26 down 5.41%. The longer-term 144 SMA at $13.62 reflects a more substantial decrease of 7.93%, reinforcing the overall downtrend in price action.
Momentum indicators indicate bearish conditions, with the 1-hour RSI at 35, suggesting that LINK is nearing oversold territory. The 7-day RSI at 40 further confirms this sentiment, showing weakness in buying pressure over the past week, alongside a notable 7-day price change of -5.29%.
From a longer-term perspective, LINK has experienced a 14-day price change of -9.14% and a 30-day decline of 1.03%. Given the current technical indicators and the absence of bullish momentum, the risk of further downside remains, especially considering the significant gap to its all-time high of $52.70 reached in May 2021.
In conclusion, Chainlink's price action and technical indicators suggest a bearish outlook in the short to medium term, with continued selling pressure evident. Therefore, the recommendation is to Hold LINK, monitoring for potential bullish signals or a reversal in trend before considering any buying opportunities.
Trading volume stands at approximately $337.69 million, translating to a volume-to-market cap ratio of 3.80%. This relatively stable volume suggests a consistent interest from traders, although it may not be sufficient to drive significant price momentum in the current market environment.
The short-term moving averages reveal bearish sentiment, with the 8 SMA at $12.86 showing a decline of 2.48%, and the 55 SMA at $13.26 down 5.41%. The longer-term 144 SMA at $13.62 reflects a more substantial decrease of 7.93%, reinforcing the overall downtrend in price action.
Momentum indicators indicate bearish conditions, with the 1-hour RSI at 35, suggesting that LINK is nearing oversold territory. The 7-day RSI at 40 further confirms this sentiment, showing weakness in buying pressure over the past week, alongside a notable 7-day price change of -5.29%.
From a longer-term perspective, LINK has experienced a 14-day price change of -9.14% and a 30-day decline of 1.03%. Given the current technical indicators and the absence of bullish momentum, the risk of further downside remains, especially considering the significant gap to its all-time high of $52.70 reached in May 2021.
In conclusion, Chainlink's price action and technical indicators suggest a bearish outlook in the short to medium term, with continued selling pressure evident. Therefore, the recommendation is to Hold LINK, monitoring for potential bullish signals or a reversal in trend before considering any buying opportunities.
Updated 94 minutes ago.
Chainlink Relative Price at Market Cap of:
Chainlink TradingView Chart
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